Post
Topic
Board Bitcoin Discussion
Re: What would happen if the major holders of bitcoin all decided to sell it all?
by
Domicern
on 21/02/2021, 09:50:18 UTC
If all the major hodlers decide to offload the amount of btc they have, New Hodlers will emerge. If they all sell out same time, it will cause a scare in the market, as people will be forced to wonder the sudden decision to. This scare will cause a dip in the price value of btc and people who habe been waiting for another opportunity to join the btc train, will immediately jump in.

I think if whale holders sell out their bitcoins this would shake off lots of retail investors as well. And in order for btc to go up again we would need to accumulate a lot of new investors. I think this is the reason why crypto market is very cyclical.